Alfa Financial Soft - Retirement of Director

Alfa Financial Software Holdings

23/12/2025 07:00

RNS Number : 5322M

Alfa Financial Software Hldgs PLC

23 December 2025

 

23 December 2025

 

Alfa Financial Software Holdings PLC

Retirement of Director

Alfa Financial Software Holdings PLC ("Alfa" or the "Company"), a leading developer of mission-critical software for the asset finance industry today announces that Duncan Magrath, Executive Director and CFO, has informed the Board of his intention to retire at the end of 2026.

 

The Board will now proceed with a search for a successor.

 

Andrew Denton, Alfa's CEO said:

 

"I would like to thank Duncan for the guidance and support that he has provided me and our Alfa colleagues since he joined in March 2020. He has made a huge contribution over that time as Alfa has transitioned into a SaaS focused software and delivery company. He has built a team and processes that provide a strong platform for the future growth of the business.

 

We wish Duncan a well-deserved and an enjoyable retirement after a long and successful career."

 

Duncan Magrath, Alfa's CFO said:

 

"I have thoroughly enjoyed being involved in the growth and development of Alfa over the last 6 years and experiencing the strength of the Alfa culture has been a real highlight. Many thanks to my team, the senior leadership and the Board for the strong support they have given me over that time. I have the same excitement for the next twelve months at Alfa as the first twelve months, and after this look forward to pursuing interests outside of a full-time executive career."

 

This announcement is made in accordance with UK Listing Rule 6.4.6R

 

For further details please contact:

 

Alfa Financial Software Holdings PLC
Andrew Denton, Chief Executive Officer
Duncan Magrath, Chief Financial Officer
Andrew Page, Executive Chairman
+44 (0)20 7588 1800
Teneo
James Macey White
+44 (0)20 7353 4200


 

Notes to Editors

 

Alfa has been delivering leading-edge technology to the global asset finance and leasing industry since 1990. Our specialised expertise enables us to deliver the most challenging systems transformation projects successfully.

 

Alfa Systems, our class-leading SaaS platform, is at the heart of the world's largest and most progressive asset finance operations. Supporting all types of automotive, equipment and wholesale finance, Alfa Systems is proven at volume and across borders, and trusted by leading brands to manage complex portfolios, drive efficiency and sustainability, and enhance the customer experience.

 

With full functionality for originations, servicing and collections, Alfa Systems is live in 37 countries, representing an integrated point solution, a rapid off-the-shelf implementation, or an end-to-end platform for the complex global enterprise.

 

Alfa maintains exceptional customer satisfaction through an impeccable track record, with our experience and performance unrivalled in the industry. Our customers stick with us for the long term because we deliver value that lasts for decades.

 

Alfa has offices in Europe, Australasia, and North America.  For more information, visit us at www.alfasystems.com.

 

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